Recent Updates — POAS

Phaos Technology Holdings (Cayman) Ltd entered into a Securities Purchase Agreement with High West Partners LLC on September 28, 2026. The agreement grants the Company the right to sell Class A ordinary shares to the Investor up to an initial commitment amount of $10,000,000. Additionally, the Company issued Commitment Shares valued at $100,000 as a fee. Purchases are subject to volume limitations and pricing mechanisms based on VWAP or average closing prices. Concurrently, the parties executed a Registration Rights Agreement requiring the filing of a Form F-1 registration statement within 30 days for resale of the shares. Phaos Technology Holdings operates in the technology sector.

Phaos Technology Holdings approved several corporate actions at its Extraordinary General Meeting on August 31, 2026. Shareholders authorized an increase in authorized share capital to US$10 billion and a forward stock split consolidating every fifteen pre-consolidation ordinary shares into one new ordinary share with a par value of US$0.0015. The company also adopted amended articles of association and approved the issuance of 2,900,000 Pre-Consolidation Class B Ordinary Shares to director Gan Hong Loon. Phaos Technology Holdings operates in the advanced microscopy technology industry.

Phaos Technology Holdings (Cayman) Limited is holding an extraordinary general meeting on August 31, 2026, to vote on several corporate actions aimed at maintaining its NYSE American listing. Shareholders will consider a reverse stock split consolidating every fifteen pre-consolidation shares into one new share with a par value of US$0.0015. The company also seeks approval to increase authorized share capital from US$100,000 to US$10 billion and adopt amended articles allowing Class B share conversion and exclusive jurisdiction for disputes. Additionally, the board proposes issuing 2,900,000 pre-consolidation Class B shares to CEO Hong Loon Gan as compensation for services rendered during the initial public offering. Phaos Technology Holdings (Cayman) Limited operates in the technology sector.